hi there low! take a look at this chart, im working on the aroons, the 8 looks like a good choice for whats really happening. there were 2 parralel runs that showed the run up coming, right before the jan 18th and feb 7
Lowtrade in my opinion no movement after 10k is due to the fact that 10K turned out to be exacly as Huff has stated in his Q4 projections in sept of 2004. So a lot of people bought then and are holding right now for April public viewing and strat launch. Like they say buy on the rumor sell on news. Yes the core business is the backbone of this company but let's not kid ourselves why majority of people have invested in GTEL. I would think in my opinion that would be the strats. I honestly do not think investors can afford April launch to be delayed since another delay would walks us down to teens. TA GURUS PLEASE COMMENT ON THIS STATMENT. !!!
If you look at GTEL just from financial perspective without looking at fundamentals then we are not profitable yet and spending has increased due to investments. So any financial investors that are looking for pure earnings will not be lookin at GTEL yet. So that leaves us with only fundamental investors which bought already and hold for april viewing and launch.
No volume is due to the reason i think that we are in mid twenties meaning it's not good enought for accumilation and too low to sell.
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